SB3032 amends the Illinois Income Tax Act and Prevailing Wage Act to redefine public works and expand the scope of projects eligible for tax credits.
SB3032 amends the Illinois Income Tax Act and Prevailing Wage Act to redefine "public works" and expand the scope of projects eligible for tax credits. The bill includes various construction and infrastructure projects in the definition of public works, such as projects involving laborers, mechanics, and other workers employed by public bodies or contractors. It also includes projects funded by tax credits, public-private agreements, and certain renewable energy projects.
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